How Salon Boutique Academy's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Salon Boutique Academy since 2014.

For that period, the average number of students who received grants aid/scholarships is 79, which is 36.88 % of all undergraduate students. 104 students which is 45.86% of undergraduate students received federal student loans and the average loan amount is $5,449.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2014-15	14 (15%)	$1,952	-	-	-	-
2015-16	54 (45%)	$2,959	45 (37%)	$2,770	43 (36%)	$5,878
2016-17	82 (38%)	$3,349	82 (38%)	$3,349	105 (48%)	$5,476
2017-18	64 (32%)	$3,499	64 (32%)	$3,499	66 (33%)	$5,721
2018-19	71 (37%)	$3,694	71 (37%)	$3,694	88 (46%)	$5,459
2019-20	127 (51%)	$3,508	107 (43%)	$3,702	136 (55%)	$5,719
2020-21	99 (37%)	$3,994	92 (34%)	$3,368	126 (47%)	$5,317
2021-22	118 (40%)	$3,113	118 (40%)	$3,113	167 (56%)	$4,576
Average	79 (36.88%)	$3,259	83 (37.29%)	$3,356	104 (45.86%)	$5,449

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 9 years, on average, 20 (54.13 % of students) received grants or scholarships and its average amount is $3,897. It can cover 34.64% of tuition & fees ($11,250).

In addition, 22 (59.75 % of students) students get helped from the students loans (average amount : $6,058).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2014-15	14 (39%)	$1,952	18 (50%)	$5,422
2015-16	15 (63%)	$4,027	14 (58%)	$4,621
2016-17	23 (61%)	$4,894	28 (74%)	$6,177
2017-18	38 (72%)	$5,346	42 (79%)	$7,564
2018-19	24 (63%)	$5,314	27 (71%)	$7,980
2019-20	23 (49%)	$3,386	24 (51%)	$6,281
2020-21	14 (39%)	$3,058	13 (36%)	$4,656
2021-22	8 (47%)	$3,197	10 (59%)	$5,763
Average	20 (54.13%)	$3,897	22 (59.75%)	$6,058

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 9 years, on average, 19 (49.86 % of students) received Pell (federal) grants and its average amount is $4,407.

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2014-15	-	-	-	-	-	-	14 (39%)	$1,952
2015-16	8 (33%)	$5,076	-	-	-	-	8 (33%)	$2,476
2016-17	23 (61%)	$4,894	-	-	-	-	-	-
2017-18	38 (72%)	$5,346	-	-	-	-	-	-
2018-19	24 (63%)	$5,314	-	-	-	-	-	-
2019-20	19 (40%)	$3,903	4 (9%)	$932	-	-	-	-
2020-21	12 (33%)	$3,120	4 (11%)	$1,342	-	-	-	-
2021-22	8 (47%)	$3,197	-	-	-	-	-	-
Average	19 (49.86%)	$4,407	4 (10.00%)	$1,137	-	-	11 (36.00%)	$2,214

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 9 years, on average, 22 (59.75 % of students) get any students loan help and its average loan amount is $22.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2014-15	18 (50%)	$5,422	-	-	18 (50%)	$5,422
2015-16	14 (58%)	$4,621	14 (58%)	$4,621	-	-
2016-17	28 (74%)	$6,177	28 (74%)	$6,177	-	-
2017-18	42 (79%)	$7,564	42 (79%)	$7,564	-	-
2018-19	27 (71%)	$7,980	27 (71%)	$7,980	-	-
2019-20	24 (51%)	$6,281	24 (51%)	$6,281	-	-
2020-21	13 (36%)	$4,656	13 (36%)	$4,656	-	-
2021-22	10 (59%)	$5,763	10 (59%)	$5,763	-	-
Average	22 (59.75%)	$6,058	23 (61.14%)	$6,149	18 (50.00%)	$5,422

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Scholarships, Grants, and Loan Trends at Salon Boutique Academy

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time